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This report The World Market for Molecular Diagnostics: Potential and Reality, What's Hot and What's Not estimates the market for molecular diagnostics and provides a realistic look at the role of molecular testing and its future in various market segments. Analyst Shara Rosen, R.T. MBA, reviews the competitors in the market and their latest moves.
There have been many predictions made about a molecular revolution in diagnostics. Indeed some of those changes are now taking place, while other predictions have not turned out to be true. How can companies sort out what is effective and what is not in this market? For over a decade, Kalorama Information's lead diagnostics analyst Shara Rosen, R.T., MBA has reviewed the molecular diagnostics market. A lot has changed, and a lot has stayed the same. There is intense competition but also opportunities for entrants in some areas. This report The World Market for Molecular Diagnostics: Potential and Reality, What's Hot and What's Not provides current market data for business planning but also goes beyond the numbers to fully assess what is going on in the market.
What are the important developments in the market? Who are the small innovators in this industry and how are the big players reacting to them? Which developments are "hot" - response from providers and payors and which trends have not caught on? In this report, Rosen provides answers to these questions.
The Rewards, Pitfalls and Competition of This High Potential Market
As we enter the second decade of the 21st century the investment in molecular biology, in bioinformatics, in disease management research and the unraveling of the human genome is bearing fruit. Almost every day the discovery of new molecular markers for cancer, cardiac disease, diabetes, arthritis, neurological diseases and psychiatric conditions are announced.
Far from being a cheerleader of what is clearly a growth market, The World Market for Molecular Diagnostics -Potential and Reality, What's Hot and What's Not provides a detailed examination of molecular testing today. Among the data points the report provides are the following:
- Current Market Size and Forecast for Molecular Segments (Infectious Disease, Blood Screening, Histology, Oncology, Prenatal, Coagulation, Tissue Typing, Inherited Diseases, Pharmacodiagnostics and Other) - Infectious Disease Molecular Sales by Disease (Hepatitis, HIV, GC/Chlamydia, HAI, Respiratory, Organism ID, Mycobacteria/TB, others) - Revenues of Top Molecular Diagnostic Companies - Recent Mergers and Acquisitions - Revenue of Test Service Companies - Geographic Breakout of Molecular Diagnostics Market by Region (North America, Europe, Asia, ROW) - Sample Prep Market, 2010 and 2015 - Breakout of Molecular Histology/Cytology Market (in situ hybridization, HPV, Tissue Microarrays), 2010 and 2015 - Important CLIA Lab Developments, 2008-2010
More and more laboratories offer complex panels of tests that help physicians evaluate disease risk and make therapeutic decisions. Government and private healthcare payors have recognized the value of new molecular tools and have agreed to pay for them.
This renewed interest in IVDs in general and more particularly in molecular diagnostics has lead to the commercialization of a number of technological tools that make more sensitive and specific tests possible. Some of these technological innovations include: cost-effective, multiplexed testing platforms coupled with high-powered software capabilities. In addition analyses using saliva, urine, and blood instead of biopsied tissue make for more patient-friendly test systems.
Extensive Company Profiles
Kalorama provides profiles of over 110 companies participating in the market. All of these companies have different strategies and compete in different areas, and Kalorama acknowledges this by separating the companies in a triage system based on where they stand in the molecular in vitro diagnostics market.
- "The Majors" -companies who are the top IVD companies and participate in multiple IVD markets. - "The Participants"- Molecular diagnostic companies who are by now established in the market. - "The Stars"- Those companies that have shown better than average results - "Newcomers"- Companies who have novel or interesting approaches to keep an eye on - "High Potentials"- Companies that could show explosive growth but also could fall based on market developments - "Specialists" in various areas (microbiology, histology, quality control, sample prep)
A Realistic Look at The Need-To-Know Trends
Molecular diagnostics is a complicated market that requires a thorough analysis to understand. Many reports make bold predictions which later are proved incorrect by market events. In this report, Kalorama Information provides revenues and market forecasts, but also looks deeply at some of the trends in the market and what might impact results in the future. The report summarizes what is working and what is not working in the past few years. Shara Rosen, RT, MBA, looks at these trends, including 'Hot' Trends, and 'Lukewarm' Trends, including
- New Platforms Making Their Mark Based on based on Miniaturization and Biochips - The Growing Significance of Quality Control Products and Innovations in this area. - The Sequence Begins: Innovations in DNA Sequencing, Key Players and its Future in Clinical Medicine - Pharmacodiagnostics and Where it Stands in 2011. - The Latest Growth Numbers of LDTs, regulatory activity, and their impact on the Market. - The $1000 Genome - If and When - Miniaturization and Multiplexing - The Ongoing Saga of Patents - Healthcare Reform and Reimbursement Trends - Integrated Sample Preparation and System Automation - A Growing Number of Competitors - Developments in Mass Spectroscopy - Screening for Wellness The Latest on Consumer Tests - Secondary and primary resources, including: trade publications, annual report and interviews with key executives in molecular diagnostics were used for this study. Related Reports EMR 2011: The Market for Electronic Medical Record Systems (http://www.marketreportsonline.com/61235-emr-2011-the-mark.html) STM Online Services Market 2009-2010 (http://www.marketreportsonline.com/61243-stm-online-servic.html) Thermal and Digestion Waste-to-Energy Technologies Worldwide (http://www.marketreportsonline.com/61242-thermal-and-diges.html) Global Intelligent Transportation Systems Products Market (http://www.marketreportsonline.com/57625-global-intelligen.html) Global Shale Gas Technologies and Markets (http://www.marketreportsonline.com/57626-global-shale-gas-.html) World Market for Microgrids (http://www.marketreportsonline.com/57627-world-market-for-.html) Infant, Toddler and Preschool Clothing Market in the U.S., 3rd Edition (http://www.marketreportsonline.com/61237-infant-toddler-an.html) Pet Food Market in the U.S., 9th Edition http://www.marketreportsonline.com/61238-pet-food-in-the-u.html) Social Media and Technology in the U.S. Foodservice Industry: Trends and Opportunities for an Emerging Market (http://www.marketreportsonline.com/61239-social-media-and-.html) Trends in U.S. Corporate Foodservice (http://www.marketreportsonline.com/61240-trends-in-us-corp.html) What's For Dinner 2011: Trends in Center of Plate Proteins (http://www.marketreportsonline.com/61241-whats-for-dinner-.html) Future of Food Retailing in the U.S., 3rd Edition (http://www.marketreportsonline.com/57621-future-of-food-re.html) China copper mining industry, 2011 (http://www.marketreportsonline.com/55408-china-copper-mini.html) China lead-zinc mining industry, 2011 (http://www.marketreportsonline.com/55409-china-lead-zinc-m.html) China nickel-cobalt mining industry, 2011 (http://www.marketreportsonline.com/55410-china-nickel-coba.html) China tin mining industry, 2011 (http://www.marketreportsonline.com/55411-china-tin-mining-.html)
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